Ecommerce
CarTrade Boosts Employees Morale with 28K New Stock Options
Recently CarTrade expanded its ESOP pool to boosts employees morale with 28K new stock options. The company has decided to allot around 28K stock options to eligible employees. This move aims to reward and retain talent within the organization. Details of the Allotment The allotment is divided into two parts. Under the ESOP 2014 scheme, […]
Nykaa Projects 22-23% Revenue Growth in Q1 FY25 an Outlook
Recently Nykaa comes in highlights when it projects a robust revenue growth of 22-23% for the first quarter of FY25. This anticipated growth mirrors the previous year’s performance and showcases the company’s steady expansion in the beauty sector. Beauty Vertical’s Consistent Performance The beauty vertical of Nykaa is expected to continue its strong performance, contributing […]
Swiggy Instamart to Maintain Focus on Household Essentials
Recently Phani Kishan Addepalli, reported that Swiggy Instamart will maintain its focus on household consumption products. This declaration reassures users that Instamart’s dedication to providing immediate-use household items remains steadfast. Commitment to Household Consumption Addepalli underscores the mission of Swiggy Instamart again in the India Healthy Snacking Summit which was organized by Farmley in Delhi. […]
Pepperfry Delays IPO to Focus on Growth and Profitability
Initially, Pepperfry had been preparing for its IPO since early 2022, but currently it take a decision to delays its IPO. The company even took the step of converting itself into a public entity in May 2022, indicating its serious intentions. However, the dynamic market conditions and the need for solid financial health have led […]
Delhivery Updates MoA Capital Clause to Launch Drone Subsidiary
Delhivery recently announced a significant updates to its capital structure by updates in MoA Capital Clause. The Delhivery board has greenlighted an alteration in the capital clause of its Memorandum of Association (MoA). This move comes at a pivotal time for the company, as it continues to expand its operations. Current Authorised Share Capital Delhivery […]
HyVision Invests INR 40 Cr Near Foxconn to Set Up New Plant
HyVision making a significant move and invests INR 40 Cr to establish a new plant near the Foxconn facility in Bengaluru. This strategic investment underscores the growing importance of India in the global electronics supply chain. HyVision’s Investment Plan HyVision is about to enhance its manufacturing capabilities and for that purpose its going to build […]